Saturday, August 27, 2011

On the edge of the storm

Satellites are astonishing: right now it's merely cloudy, but I can see that the clouds here are at the edge of the giant storm. My father is one block away from the NYC evacuation zone, so he may be heading out of the financial district and to my grandmother's place in upper Manhattan as I type.

Economic disasters are harder to see, especially if everyone involved has a motivation to pretend it's not coming. But if you pay attention, you can see some of those coming too... like the collapse of the housing bubble in Australia, perhaps finally about to arrive.

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